The nation's largest dental benefits administrator today announced the upcoming appointment of Michael J. Castro as its chief financial officer and senior vice president.
Castro, 42, who most recently served as vice president of finance/controller for Delta Dental of California, succeeds Elizabeth Russell, who is retiring. Castro will oversee all financial operations for Delta Dental of California and its affiliates � Delta Dental of Pennsylvania, New York, Delaware, West Virginia and the District of Columbia, the 10-state Delta Dental Insurance Company and PMI Dental Health Plan, a prepaid dental plan with multi-state operations. His appointment takes effect January 1, 2005.
"Mr. Castro's tenure at Delta Dental will provide vital continuity in our finance and accounting areas, and we are quite pleased to have this consistency as a basis for our future growth," said Gary D. Radine, president and CEO of Delta Dental of California and its affiliates. "Ms. Russell's contributions over her 26 years here, including seven years as CFO, leave us a solid foundation upon which we can continue to build and grow our $4 billion enterprise."
A resident of Belmont, Calif., Castro received his Bachelor of Science degree from California State University, Sacramento. He joined Delta Dental four years ago after serving as partner with the audit firm of Clare, Chapman, Storey + Castro. In addition to being a licensed Certified Public Accountant (CPA), he is a member of the California State Society of CPAs and AICPA.
Delta Dental of California, New York, Pennsylvania and their affiliates comprise the nation's largest dental benefits administrator, covering nearly 21 million enrollees in 16 states and the District of Columbia. They are also part of the national Delta Dental Plans Association, whose members collectively cover more than 45 million people nationwide.